6 Insurance Policies Every German Student Should Have [2025 Updated]

t Stepping into university life in Germany is an exciting journey, but it’s also one that requires some essential safeguards. You need to have specific insurance policies as a German student.

As a licensed insurance broker with 10 years of experience working in Germany (and 3 years before that in Switzerland), I’ve helped countless students understand the diverse insurance options. Whether you’re a local student or an international one, insurance coverage isn’t just a legal requirement in many cases—it’s a safety net that can save you thousands of euros.

In this comprehensive guide, I will explain the top insurance policies every German student should have. I’ll also show you how to get them at budget-friendly rates, compare offers from different providers, and share a real-life story to highlight just how important these policies are.

Best Insurance Policies Every German Student Must Have

1. Health Insurance (Krankenversicherung)

Every student in Germany must have health insurance—it’s mandatory. Students under 30 or those in their first 14 semesters of study usually qualify for statutory public health insurance (gesetzliche Krankenversicherung).

Average Monthly Premiums in 2025:

• TK (Techniker Krankenkasse): €120
• AOK: €122
• Barmer: €125
• DAK-Gesundheit: €124

For non-EU students or those who don’t qualify for public health insurance, private health insurance (private Krankenversicherung) is another option. Providers like Mawista and Care Concept offer student-specific plans starting from €35/month.

Real-Life Insight: A Swiss student named Elena, studying medicine in Heidelberg, opted for TK’s student health insurance plan. After a skiing accident during the winter break, her insurance covered surgery, hospital stay, and physiotherapy, saving her more than €8,000 in expenses.

Why this matters: Without health insurance, students cannot enroll at German universities. It also provides peace of mind knowing that health emergencies won’t derail your studies or finances.

2. Personal Liability Insurance (Haftpflichtversicherung)

This is one of the most essential insurance policies a student can have in Germany. It covers damage you cause to others or their property, intentionally or accidentally.

Average Annual Premiums in 2025:

Many landlords now demand proof of personal liability insurance before handing over keys to a student flat. It’s also useful if you break someone’s phone or cause a bicycle accident.

Tip for Savings: Students under 25 may be covered under their parents’ policy. If not, student-only rates apply.

3. Household Contents Insurance (Hausratversicherung)

This insurance covers the belongings in your dorm room or apartment. It protects against risks such as fire, theft, water damage, and vandalism.

Average Annual Premiums in 2025:

• Ammerländer: €40
• FRIDAY: €38
• Feather: €42

The insurance value should reflect the actual worth of your belongings. For students with laptops, phones, and textbooks, even a minor fire can lead to losses of over €3,000.

Pro Tip: Bundle this with liability insurance from the same provider to get up to 10% in discounts.

4. Accident Insurance (Unfallversicherung)

While universities provide basic accident insurance during official university activities, students are not covered outside those hours. Private accident insurance fills that gap.

Average Monthly Premiums in 2025:

• DFV: €5
• AXA: €7
• Allianz: €6

It offers compensation for long-term disabilities or rehabilitation in case of an accident. As students engage in sports, travel, and part-time work, this coverage is becoming increasingly relevant.

5. Legal Expenses Insurance (Rechtsschutzversicherung)

Legal conflicts can arise from rental agreements, internships, or even failed online purchases. Don’t be scared. Legal expenses insurance helps cover the cost of lawyers and court fees.

Average Monthly Premiums in 2025:

• ARAG: €12
• DEVK: €11
• Allianz: €13

Though not essential for all students, those renting apartments or working part-time should consider this. It reduces financial stress in case legal advice becomes necessary.

6. Travel Insurance (Reiseversicherung)

Many students travel during holidays. A comprehensive travel insurance policy covers medical emergencies, lost baggage, and trip cancellations.

Top Providers and Costs in 2025:

• Care Concept: From €10/month
• HanseMerkur: From €12/month
• Allianz Travel: From €15/month

Students who travel frequently, especially outside the EU, benefit greatly from this.

How to Get These Policies at the Best Rates

Getting the most affordable rate doesn’t always mean choosing the cheapest provider. Instead, focus on these tips:

• Use student comparison tools like Check24 or Verivox to compare multiple insurers side by side.
• Bundle policies: Many companies offer discounts when you combine liability, household, and accident insurance.
• Ask for student discounts: Some insurers have hidden rates that are only available if you ask directly.
• Choose digital-first providers: Companies like Getsafe and Feather offer paperless sign-ups and often lower rates.

Comparison Table of Student Insurance Costs (2025)

Final Thoughts

While some insurance policies are mandatory, others are just smart choices that can give every German student peace of mind and financial protection. With inflation and the rising cost of living in Germany, falling back on savings to cover an unexpected loss isn’t always possible.

Taking a proactive approach to insurance not only protects your health and property but also empowers you to focus on what really matters—your education.

If you’re unsure which insurance provider is best for your specific situation, consider consulting a licensed insurance broker. We can guide you through the paperwork, translate jargon, and ensure you get the best value.

Invest in the right insurance policies today so you can study tomorrow without worry.